GM recently became the number two seller of EVs in the world, surpassing Ford, and closing the gap with Tesla amid that ...

John Roth, VP of global Cadillac, said during a July 10 media briefing that the company is capable of adjusting EV plans as ...

In terms of guidance, GM reported the following updates to its full-year 2024 forecast: EBIT adjusted: $13.0 billion to $15.0 billion ($12.5 billion – $14.5 billion previous) ...

General Motors Company (NYSE:GM) is one of the biggest car manufacturers in the US. Despite its heft, the firm has lagged in the EV race and it is playing catch up with Tesla.

In all, GM investors ought to be pretty happy with Tuesday’s news. Pretax profits shot up 15.5% to $4.1 billion compared to $3.6 billion a year ago, and company-wide revenue is up 10% to $49 ...

GM is trimming its software teams globally by more than 1,000, possibly up to 1,500. The company says it's for efficiency, not cost cutting.

Overall, GM sales in the second quarter are boosting the company’s bottom line at the right time, and EV sales are strong as well. In the quarter, GM delivered 696,086 vehicles in the US, up 0.6 ...